Welcome to Nadine's Corner!
Hope you'll find a few tips\useful information on the commercial relations between Canada and Australia in this section.
Import\Export
Canada is Australia's 18th-largest merchandise trading partner (A$3.62 billion). In 2005, Australia's merchandise trade with Canada consisted of A$1.9bn in imports and A$1.8bn in exports. Around 2000 Australian businesses either export to or operate in Canada every year, with top performing exports including wine (A$255m), nickel ores (A$220m), medicaments (including veterinary; A$62m) and lamb, mutton and goat meat (A$45m). Companies exporting to Canada include food processors (Capilano Honey and Burns Philp); food retailers (Bakers Delight); consumer products retailers; packaging (Amcor); software (Mincom, Adacel and Keycorp); tourism (Wotif.com and Flight Centre); financial services and processing (Macquarie Infrastructure and Computershare); and mining (Ashton Mining and BHP Billiton).
Large Canadian investors in Australia include Placer Dome, Alcan, Nortel and McCain Foods. Other well known Canadian companies in Australia are Air Canada, Royal Bank of Canada and CAE.
Australia and Canada grant each other preferential tariff rates on a limited range of products agreed under the Canada-Australia Trade Agreement (CANATA), established in 1960 and amended in 1973. However, CANATA pre-dates the multilateral trading system and has been superseded by tariff reductions achieved by negotiation in the WTO.
Top 10 Canadian Imports from Australia - 2005
Product | Value | Share in Total (%) | % Change |
Inorganic chemicals | 603.3 | 34.5 | 5.62 |
Beverages | 273.1 | 15.6 | 16.53 |
Ores, Slag, Ash | 240.6 | 13.8 | -20.3 |
Meat | 76.3 | 4.37 | 1.91 |
Machinery | 72 | 4.12 | -10.19 |
Sugars | 56.7 | 3.25 | 33.6 |
Pharmaceutical Products | 50.3 | 2.88 | -18.48 |
Optical Instruments | 45.8 | 2.62 | 12.29 |
Precious Stones | 36.9 | 2.11 | 32.11 |
Organic Chemicals | 31.7 | 1.81 | -40.72 |
Top 10 Canadian Domestic Exports to Australia - 2005
Product | Value | Share in Total (%) | % Change |
Machinery | 370.45 | 25.09 | -12.99 |
Electrical Machinery | 154.41 | 10.46 | 25.01 |
Meat | 125.41 | 8.49 | 8.17 |
Vehicles (not railway) | 121.01 | 8.2 | 31.4 |
Ores, Slag, Ash | 72.07 | 4.88 | 122.98 |
Wood | 54.63 | 3.7 | -19.81 |
Optical instruments | 50.89 | 3.45 | 32.71 |
Railway, Traffic Sign Equipments | 45.74 | 3.1 | 901.15 |
Pharmaceutical products | 34.77 | 2.36 | 77.24 |
Iron/Steel products | 32.05 | 2.17 | 31.96 |
Anne Lessard
1 Comment
119 References
Commerce between Canada & Australia
Here are a few useful links if you are a Canadian wanting to start a business in Australia or vice versa:
Canadian in Australia:
Department of Foreign Affairs and Trade – Australia: http://www.dfat.gov.au/
Australian Bureau of Statistics: http://www.abs.gov.au/
http://www.austrade.gov.au/Home3618/default.aspx
http://geo.international.gc.ca/asia/australia/trade/didyouknow-en.asp
http://www.economist.com/countries/Australia/
https://www.cia.gov/cia/publications/factbook/geos/as.html
https://austrade.gov.au/invest
Australian in Canada:
Foreign Affairs and International Trade Canada: http://www.dfait-maeci.gc.ca/
Statistics Canada: http://www.statcan.ca/
http://strategis.ic.gc.ca/engdoc/main.html
http://www.economist.com/countries/Canada/
https://www.cia.gov/cia/publications/factbook/geos/ca.html
http://www.investincanada.gc.ca/
http://www.gouv.qc.ca/portail/quebec/pgs/international?lang=f
Comparison Canada vs. Australia (Facts Sheet)
AUSTRALIA | CANADA | |
Major Cities | Capital - Canberra (pop. 381,000) Sydney (4.3 million), Melbourne (3.6 million), Brisbane (1.8 million), Perth (1.5 million), Adelaide (1.1 million). |
Capital - Ottawa (pop. 1.1 million) Toronto (5.1 million), Montreal (3.6 million), Vancouver (2.1 million), Calgary (1.1 million), Edmonton (1.0 million), Quebec City (0.7 million), Winnipeg (0.7 million) |
Population (2006) | 20.7 million | 31.6 million |
Ethnic Groups | European 92%, Asian 6%, Aboriginal 2%. | British/Irish 28%, French 23%, other European 15%, Asian/Arab/African 6%, indigenous Amerindian 2%, mixed background 26%. |
Religions (2001) | Catholic 27%, Anglican 21%, other Christian 18%, other non-Christian 5%, no religion 17% and not stated 12%. | Roman Catholic 44.4%, Protestant 29%, other Christian 4.2%, Muslim 2%, other 4%. |
GDP (2006) | $743.7 billion | $1.077 trillion |